UsmanFarouk

Bearish Reversal likely in USDCHF

Short
OANDA:USDCHF   U.S. Dollar / Swiss Franc
USDCHF is presently in uptrend, printing HHs and HLs. However, a bearish divergence has been observed on RSI on 1H timeframe alongwith an Ascending Wedge (Bearish) Reversal pattern. Entry has been place on downward break of wedge and previous HL. SL and TP has been suitably placed.
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